J-LONG GROUP LTD (JL) Stock Technical Analysis
NASDAQ:JL - Nasdaq - KYG5191U1123 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to JL. In the last year, JL was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
JL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so JL is lagging the market.
Warning: JL has an average volume of 23660 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
JL is part of the Distributors industry. There are 18 other stocks in this industry. JL outperforms 88% of them.
In the last month JL has a been trading in the 3.10 - 5.95 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, JL did better than 74% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although JL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.95
5.50
We found 2 important support areas.
- Support @3.11 from a trend line in the weekly time frame.
- Support @2.98 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.42 to 5.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for JL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for JL is up. |
| ChartMill Relative Strength | 74.12 | POSITIVE | JL has a high relative strength, it outperformed 74.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of JL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of JL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of JL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78 | OVERBOUGHT | The high RSI value suggests JL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests JL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.34 | NEUTRAL | The Stochastics value for JL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.81 | HIGH VOLATILITY | The high ATR as a percentage value for JL suggests high volalility. |
| Average Directional Index/ADX (14) | 41.18 | POSITIVE | The high ADX value value for JL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
5.41
-0.03 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg-0.55%
1 Week6.29%
2 Weeks38.72%
1 Month69.06%
3 Month21.85%
6 Month72.79%
12 Month-7.36%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%6.81%
ATR Inc-30.77%
Range Today0.25
ADR(20)0.36
ADR(20)%6.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.12
Mansfield2.38
10 Day High5.95
10 Day Low3.65
20 Day High5.95
20 Day Low3.1
52 Week High13.41
52 Week Low2.33
CS1 End3.11
CR1 Start5.42
Volume & EV
DER(3)2.05%
DER(5)4.97%
Volume11.80K
Volume Incr6.86%
Vol(5)21.04K
Vol(50)23.66K